GMG is a stock we’ve talked about almost too often this year, but it has been our domestic proxy on the Data centre/AI revolution, which has travelled in the shadow of Nvidia (NVDA US) over recent times, albeit without the same fanfare and explosive results. We continue to like the stock, but we may trim our position if it’s pushed up towards $40.
- We see further upside, ideally up towards $40 – MM is long GMG in our Active Growth Portfolio.